Formul Plastik Ve Metalnayi AS (IST:FRMPL) Interest Expense: ₺-154 Mil (TTM As of Jun. 2026)

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IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
23 GF Score
Price ₺38.42
! 2 Warning Signs
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What is Formul Plastik Ve Metalnayi AS Interest Expense?

Formul Plastik Ve Metalnayi AS IST:FRMPL +9.15% 23 Interest Expense is ₺-154 Mil as of Jun. 2026. GuruFocus rates IST:FRMPL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Formul Plastik Ve Metalnayi AS's interest expense for the three months ended in Jun. 2026 was ₺ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₺-154 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Formul Plastik Ve Metalnayi AS's Operating Income for the three months ended in Jun. 2026 was ₺ 184 Mil. Formul Plastik Ve Metalnayi AS's Interest Expense for the three months ended in Jun. 2026 was ₺ -7 Mil. Formul Plastik Ve Metalnayi AS's Interest Coverage for the quarter that ended in Jun. 2026 was 25.39. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Formul Plastik Ve Metalnayi AS  (IST:FRMPL) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Formul Plastik Ve Metalnayi AS's Interest Expense for the three months ended in Jun. 2026 was ₺-7 Mil. Its Operating Income for the three months ended in Jun. 2026 was ₺184 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ₺0 Mil.

Formul Plastik Ve Metalnayi AS's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*184.266/-7.257
=25.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Formul Plastik Ve Metalnayi AS Interest Expense Historical Data

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The historical data trend for Formul Plastik Ve Metalnayi AS's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Formul Plastik Ve Metalnayi AS Interest Expense Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Interest Expense
-206.29 -111.29 -209.03

Formul Plastik Ve Metalnayi AS Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
Interest Expense Get a 7-Day Free Trial -182.69 -113.47 -75.94 -70.59 -7.26
IST:FRMPL
23GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-154 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₺-154 Mil mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Interest Expense of ₺-154 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Formul Plastik Ve Metalnayi AS and its competitors.
Is Formul Plastik Ve Metalnayi AS's Interest Expense too high?
Formul Plastik Ve Metalnayi AS's current Interest Expense is ₺-154 Mil. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Interest Expense compare to CRH and VMC?
Formul Plastik Ve Metalnayi AS's Interest Expense of ₺-154 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Building Materials company?
A good Interest Expense depends on the Building Materials industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. Formul Plastik Ve Metalnayi AS's current Interest Expense is ₺-154 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Interest Expense of ₺-154 Mil. The current Interest Expense is ₺-154 Mil. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 23/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Interest Expense is ₺-154 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
23GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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